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Article Directory :: Business - General Articles
Internet marketing experts abound everywhere. They usually have ample business start up advice for the new entrepreneur who wants to establish a strong online business. What typically is this advice? Their advice for small business is to buy their miracle products which of course will solve all woes and blast any new business immediately toward instant and abundant success (' yeah right).
Okay, let's get a reality check here. Let's remove the on line component of this scenario and see how this advice applies in the offline world.
Let's say you are looking to start a business and you hear that you can accomplish all your goals and be an overnight success by attending a pricey weekend seminar (or if your budget is small, you can still learn it all and succeed with the few hundred dollar CD version instead). Does this make any sense? While it always makes sense to learn everything you need to know about sales, marketing, being motivated and so forth, there aren't many offline business owners who would really believe that a miracle seminar is the only thing it's going to take to make them succeed. They surely aren't apt to spend over and over again every time a new variation of this sure fire technique is launched. Offline businesses owners know that there are better ways to spend money to develop their businesses. They realize that a business is built in stages and while they most likely are dreaming about the success that they will someday achieve, they certainly do not believe it will happen as soon as they hang up a shingle. They do not believe it will happen by following a magic formula for success.
Why then do so many individuals, wanting to start an online business, attend seminar after seminar and shell out thousands and thousands of dollars on silver bullets that lose their shine right after the conference is over? The logic of the offline business owner would dictate that there are better ways to spend in order to build a business. It seems that the illogical behaviors of these online wannabies are just fueling the internet marketing guru industry and leaving many would be entrepreneurs disillusioned and broke.
What is going on here? If you attend any of these conferences, you know it is quite common for the guru to be quite transparent. The guru will, for example, teach the hungry masses that it is important to create urgency with their target markets. The guru then proceeds (in almost the next breath) to tell the conference attendees that if they act now (strangely only 17 available!) they will get special conference pricing on the guru's product. It is amazing to see how many people jump up and run to make a purchase in the back of the room (right after the lesson about creating urgency).
Now, this is not to say that there are no valuable marketing lessons to be learned at these events. On the contrary, the very words the gurus use to stir up the crowds are extraordinary lessons in themselves. Additionally, most all of the gurus actually teach interesting ideas and provide useful information (one of the principles the gurus always teach is this: Your target market will love you if you give lots of great content away for free - which the gurus are actually demonstrating). The gurus usually laugh and joke with their audiences about how shamelessly obvious they are in promoting their products; but it does not stop the jumping up and running to the back of the room (to buy before the supply runs out).
There is so much hype that is being seamlessly woven in with the truth that it becomes irresistible to these crowds. No doubt about it. The very marketing techniques that are being taught are being used masterfully to get the audience to act. A huge carrot of success is being dangled in front of these spectators (extraordinary wealth is one of the common traits of the gurus) who want to be just like their mentors. I know how powerful and magnetic these events can be. Even when I finally decided to be an objective observer, the hype was hard to resist. I kid you not.
Is that it then? The secret to wealth is the masterful delivery of hype?
Hold on. There is another lesson the gurus teach. It too is true. They state that you must know your target audience. You must give them what they want ...when they want it. You cannot sell something to somebody who is not in the right point of the selling cycle.
So what does this mean? Are conference attendees guru wannabies instead of real business start up people? Out of touch dreamers who are more interested in keeping the dream alive instead of taking actions that may risk failure? Ouch, that seems a bit harsh. How else do you explain thousands of dollars spent that most often never develop into anything further?
There is another explanation. The world of internet marketing is so new. It is still in its infancy and it keeps changing at an incredible rate. The offline rules do not seem to apply to the online world. The techniques needed to operate online as a business (rather than as a user) are quite foreign to most people. From this point of view it is quite easy to see why people look for guidance from those who have had success online.
Yes, the Internet is constantly changing and so are the things that businesses will need to do to succeed on line. A lot of that has to do with Google's major mission in life; to provide quality relevant experiences to its users. The Internet is changing and successful on line businesses will need to heed the actions of their off line cousins. They can start by eliminating hype and then by treating their on line endeavors as serious businesses which requires long term strategies in addition to short term ones. On line business owners will need to take action instead of looking to some miracle out of the box solution to get a competitive advantage. Those who are still interested in the shortest path should consider spending their guru product dollars on the services of experts who can get it done for them. Not only is this the shortest path, it sounds like the most cost effective small business start up advice for success as well.
Lori Olson has a passion for helping small businesses develop strong online presences with a team of 250 professionals who analyze & implement SEO, SEM, PPC Campaign Mgmt, Social Media,Copy Writing & Web Development strategies which are customized to fit any needs, wants & budget. Update Small Business also provides leading edge employee & sales assessment & training; & CRM solutions. Small Business Consulting or call 877.265.6568.
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